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Monday, 22 August 2005

The Birth of Murdoch.com

... Now the 74-year-old media mogul is looking to make a similar mark on the Internet. That became apparent during the last few weeks, when News Corp. announced it would spend $580 million to acquire Intermix, the parent of wildly popular MySpace. The social-networking site is popular among younger users, who use home pages to create extended networks of friends. ... Link: BusinessWeek. Thanks to David Liroff for the heads up. --Dennis